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New York Is Getting Closer to Mobile Sports Betting: Why It Might Not Be a Jackpot for DraftKings

New York Is Getting Closer to Mobile Sports Betting: Why It Might Not Be a Jackpot for DraftKings

New York has long since allowed sports betting in the state. The big difference with mobile sports betting is that you can wager from anywhere in the state, so long as you have a mobile device. DraftKings (NASDAQ: DKNG) is the company that offers mobile sports betting in the most states, and it stands to benefit if New York follows through and chooses it to be one of the few exclusive providers of mobile betting in the state.